AMC EntertainmentShort
$AMC High Volatility Could reach 44.8 or back to 16 Again!
Updated
Technically showing more bearish signals than other price bullish indicators . its not like the previous top, this time the volume entered during the ride up so this is possibility to continue up trend targeting 44.8 then back to 20s but from other side, RSI AND MFI Indicators are overbought and with spike in volume suggests target reached for some bulls and time now for consolidation or pullback to previous supports . consolidation between 26 and 30 then the move will be confirmed!
Note
Perfect- Trade closed: target reached
Trade closed: target reached
Trade active
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